CNN: Obama to detail broad financial reform
President Obama on Wednesday will finally announce his long-anticipated plan to restructure how banks and other firms are regulated in the hope of preventing another financial collapse.

CNN: House passes war supplemental funding bill
The House passed a $106 billion supplemental funding bill for the wars in Iraq and Afghanistan Tuesday on a narrow 226 to 202 vote after all but five Republicans and 32 Democrats voted against the measure.

CNN: McCain shows off his new ride outside U.S. Capitol
Sen. John McCain officially got the keys to his 2010 Ford Fusion hybrid on Tuesday, and promptly took it for a spin around the Russell Senate office building in Washington — but not before accidentially tripping the car alarm.

NYT: E-Mail Surveillance Renews Concerns in Congress
The National Security Agency is facing renewed scrutiny over the extent of its domestic surveillance program, with critics in Congress saying its recent intercepts of the private telephone calls and e-mail messages of Americans are broader than previously acknowledged, current and former officials said.

Washington Post: Old Legal Opinion Raises New Questions
Thirty years ago, the State Department legal adviser issued an opinion in response to an inquiry from Congress: The establishment of Israeli settlements in occupied Palestinian territories "is inconsistent with international law."

LA Times: Health insurers refuse to limit rescission of coverage
Executives of three of the nation's largest health insurers told federal lawmakers in Washington on Tuesday that they would continue canceling medical coverage for some sick policyholders, despite withering criticism from Republican and Democratic members of Congress who decried the practice as unfair and abusive.

Washington Post: Where Money Is Tight, Fourth of July May Fizzle
She has never felt confident with big numbers, so Kip Fordney brings along a college math major to count the money sure to pile up. Fordney, the head of Shippensburg's parks and recreation department, walks through downtown carrying a one-pound deli container turned into a collection cup and stops at each storefront to deliver a rehearsed pitch. "We're trying to save the Fourth of July fireworks," she says, over and over. "Can you help?"

LA Times: Utah town's anger mounts over artifact arrests
Shortly after sunrise last week, a squad of flak-jacketed federal agents surrounded the remote home of Dr. James Redd, arrested his wife and then stopped the 60-year-old doctor as he returned from his morning rounds to arrest him as well.

CNN: Thousands rally in Iran; foreign coverage restricted
As thousands took to the streets again on Tuesday, Iran's government banned international journalists from covering rallies and blocked access to some online communication tools in the wake of last week's disputed presidential election.

CNN: Analysis: The changing fight in Pakistan
Every time I come to Pakistan these days I see more security. This time is no exception. On the road from the airport to my hotel I counted nearly a dozen police checkpoints. Two years ago, there were none.

CNN: Venezuela opens new probe against TV station
The government of leftist Venezuelan President Hugo Chavez heightened its battle Tuesday against the only critical private broadcaster left in the nation, launching a fourth investigation into the Globovision network.

CNN: Carter decries destruction in Gaza
Former U.S. President Jimmy Carter said Tuesday on a visit to Gaza that he had to "hold back tears" when he saw the destruction caused by the deadly campaign Israel waged against Gaza militants in January.

NYT: Civic-Minded Chinese Find a Voice Online
There was a time when the story of the 21-year-old waitress who fatally stabbed a Communist Party official as he tried to force himself on her would have never left the rural byways of Hubei Province where it took place.

Jerusalem Post: Forget speeches, soccer paves the path to peace
Less than 24 hours had passed since Israeli Prime Minister Benyamin Netanyahu called for "two peoples living truly, side-by-side, in amity and mutual respect" when a group of Israeli Jews, Israeli Arabs and Palestinian children put their differences behind them to play on mixed teams in a European Union-sponsored soccer event at the Wingate Institute on Monday.

CNN: More auto industry bankruptcies loom
A plea by struggling auto parts makers for $8 billion to $10 billion in additional federal loan guarantees was turned down by the Obama administration's auto task force last week.

Fortune: Red-hot Treasurys turn ice cold
One reason that investing is so challenging - and so much fun - is that owning a security that made you look like a genius one year can make you look like a dummy when the world changes the next year.

NYT: Stalking A Weaker Wall Street
Wall Street’s great investment houses have never faced a serious foreign challenge in their own backyard. But as tectonic shifts reverberate through the banking industry, their overseas rivals are edging into some of the most lucrative corners of American finance.